News

St Laurence investors to get 3c in the dollar

Thursday 1st of September 2011

The secured investors have already received nine cents in the dollar from the receivers and had already received 10 cents in the dollar from the company when it was in moratorium.

Loans and guarantees recovered in the past few months have enabled the payment but the receivers are nearing the end of the loan recovery process, says Barry Jordan of Deloitte.

"The largest remaining lo...

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